Risk Analyst or a Senior Risk Analyst

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Job Description:

Idaho Power located in vibrant Boise Idaho is looking for a Risk Analyst or Senior Risk Analyst to join our Treasury Services team. Its an exciting time to work for Idaho Power. Our work plays a critical role in communities we serve across Idaho and Oregon and were working hard to safely provide our customers with the safe reliable and affordable energy they depend on. While this position is based at Idaho Powers downtown Boise location we offer both flexible schedules and the opportunity to work up to 40% remote.

What does a Risk Analyst or Senior Risk Analyst do for us

Risk Analysts identify assess and monitor Idaho Powers market and credit risk exposures across energy trading commodity transactions commercial agreements and strategic business activities. They ensure compliance with risk policies and regulatory requirements perform valuation and exposure analysis monitor counterparty creditworthiness and recommend risk mitigation strategies such as collateral guarantees and other credit support arrangements.

Senior Risk Analysts provide technical leadership for the risk function serve as subject matter experts in market risk credit risk collateral management and industry agreements (e.g. ISDA NAESB WSPP and REC) mentor team members support complex transactions and negotiations and act as the primary risk resource in the managers absence.

In addition to the meaningful work we do we offer work-life balance competitive pay and benefits an employee incentive plan and both a 401k employer-match and a pension plan making Idaho Power one of the best employers in the state.

A COMPETITIVE CANDIDATE WILL HAVE

Knowledge of:

• Derivatives energy trading collateral management finance and accounting
• Utility finance/credit NAESB ISDA WSPP netting agreements long-form confirmations corporate guarantees letters of credit and other related agreements with counterparties.
• Collateral management practices including assessment of unsecured exposure collateral thresholds negotiating credit support provisions margining requirements and the impact of collateral on counterparty credit risk.

Skills in:

• Excellent organizational planning verbal and written communications with strong attention to detail
• Expert-level complex risk scenarios analysis and works effectively with internal and external partners
• Strong negotiation skills and ability to draft contracts and agreements
• Analyzing documents and data for conformance to established policies and procedures
• Conducting research and provide thoughtful thorough analysis
• Maintain objectivity and confidentiality
• Experience with VBA SQL and Power BI

Ability to:

• Perform quantitative and qualitative financial analysis
• Analyze financial health of counterparties
• Meet deadlines and prioritize work
• Defend decision-making criteria with other departments or counterparties
• Balance commercial responsiveness with prudent credit and/or risk expectations
• Work in a time sensitive environment with the ability to adapt to changing needs

MINIMUM REQUIREMENTS

Risk Analyst:

Education:

• Bachelors degree in an analytical field (finance accounting economics or a related field)

Preferred:

• Master of Business Administration (MBA)

Experience:

• 3 or more years of directly related experience credit risk or commodity risk management including in-depth analysis of financial statements

Preferred:

• Professional experience in risk management or back-office banking operations supporting credit and risk management functions including in-depth analysis of financial statements evaluation of creditworthiness risk monitoring exposure assessment and compliance with credit policies

Senior Risk Analyst:

Education:

• Bachelors degree in an analytical field (finance accounting economics or a related field)

Preferred:

• Master of Business Administration (MBA)

Experience:

• 6 or more years of professional experience in credit risk or commodity risk management including in-depth analysis of financial statements

Preferred:

• 7 years or more of industry specific experience in credit risk management

Licenses & Certifications:

• N/A

Preferred:

• Chartered Financial Analyst (CFA)

PHYSICAL REQUIREMENTS
This position requires working at a desk/computer for extended periods of time. It requires the use of office equipment fine motor skills including typing on the computer dialing phones filing paper and working in close proximity to other people. There may be occasional lifts of no more than 10 lbs. The above is a summary of the primary essential functions of the position. This job may require the performance of additional tasks assigned by company leaders or management. Questions regarding job requirements or accommodation requests should be directed to Human Resources.

ADDITIONAL REQUIREMENTS
Works independently with minimal supervision and intervention. Demonstrated ability to work confidently with senior leaders or Traders to resolve issues. Demonstrated ability to influence others to meet desired outcomes and deadlines.

ADDITIONAL INFORMATION
Works independently with limited supervision/oversight.

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Competencies:

Need Assistance Completing Your Application

Please contact our Recruiting Office if you have questions require assistance or accommodation while applying for employment with Idaho Power Company: Phone: or Email:

Idaho Power is an Equal Opportunity Employer

Were proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race color religion national origin sex (including pregnancy) age sexual orientation gender identity genetic information veteran status physical or mental disability marital status and any other status protected by applicable federal and state laws.

Please note: Idaho Power will not provide sponsorship for obtaining an employment visa such as an H-1B visa.